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the president and the house speaker john boehner finally spoke yesterday by phone. they have both agreed to keep the details of the discussion under wraps. they're both standing firm on the tax hike, their positions on the tax hikes for the top 2%. listen. >> the revenues we're putting on the table are going to come from, guess who? the rich. >> once republicans acknowledge that rates are going up for top earners, we believe that an agreement is very achievable. >> kate balduan is in washington, d.c., this morning. so that's kind of a depressing thing, when just the advent of a phone conversation between the two top dealmakers is the headline, isn't it? >> i could not agree with you more. the fact that they spoke, but the fact that there's no progress, and that's a headline. i mean, if we want to take anything from it, any significance, it's the first time they've talked in a week. take that what you will. it's almost like hope springs eternal, but we are a long way from a deal still. neither side, as you said is giving on their basic position. president obama conti
the president and the house speaker john boehner finally spoke yesterday by phone. they have both agreed to keep the details of the discussion under wraps. they're both standing firm on the tax hike, their positions on the tax hikes for the top 2%. listen. >> the revenues we're putting on the table are going to come from, guess who? the rich. >> once republicans acknowledge that rates are going up for top earners, we believe that an agreement is very achievable. >> kate...
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Nov 30, 2012
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including, in my opinion, john boehner. however, we ought not to hold hostage middle-class tax cuts, and that's what you're talking about, tom cole, that wasn't a question of compromise, it was simply to say, look, we all agree that middle-class tax rates ought not to get a tax increase on january 1st. not good for them. not good for the economy. we'll pass that. the senate's passed a bipartisan bill that called for that. tom cole the former chairman of the republican campaign committee in the house of representatives said just earlier this week we'll all pass that. i agree with him. secondly, the republicans have agreed that we need to have some sort of balance, more and more republicans are saying we need to have revenues. you cannot do it simply with cutting spending. thirdly, i don't think that anybody wants to hurt the vulnerable in america. >> no, i think -- but the question, the question here is, is on the issue of taxes for instance. the president proposed tax cuts -- i'm sorry tax increases that went beyond what th
including, in my opinion, john boehner. however, we ought not to hold hostage middle-class tax cuts, and that's what you're talking about, tom cole, that wasn't a question of compromise, it was simply to say, look, we all agree that middle-class tax rates ought not to get a tax increase on january 1st. not good for them. not good for the economy. we'll pass that. the senate's passed a bipartisan bill that called for that. tom cole the former chairman of the republican campaign committee in the...
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Dec 1, 2012
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today, house speaker john boehner doubled down. >> it was not a serious proposal. and so right now, we're almost nowhere. >> that doesn't sound good. republican congressman lee terry of nebraska was just as succinct but how shall i say this? more colorful. he told the "omaha world herald" we're screwed either way. we really have no leverage in these discussions. representative terry has said he is open to a deal that includes some new tax revenues. he's also said president obama has an incentive to allow the country to just go on over the fiscal cliff and then blame the republicans for it. just before we went on air tonight, senator max bachus, who chairs the senate finance committee, a democrat, indicated that scenario isn't out of the realm of possibility. listen to how he put it. >> if the other side is completely intransigent that the president has probably no choice but to say, okay, we're going to go over the cliff. that would not be my first preference. >> yeah. the senator pretty serious about that. bottom line, tonight both sides say that talks are stalled
today, house speaker john boehner doubled down. >> it was not a serious proposal. and so right now, we're almost nowhere. >> that doesn't sound good. republican congressman lee terry of nebraska was just as succinct but how shall i say this? more colorful. he told the "omaha world herald" we're screwed either way. we really have no leverage in these discussions. representative terry has said he is open to a deal that includes some new tax revenues. he's also said president...
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john boehner called the plan bait and switch and minority leader much mcconnell made him burst into laughter. >> across the globe today is world aids day, the white house marking the event by displaying a red ribbon on the north portico, a life picture of the white house, an international show of support and awareness, in a proclamation president obama says in part that the united states is committed to preventing the disease is quote, spending and ending this pandemic once and for all. >> do same-sex couples have a constitutional right to mayor? we don't know yet. the u.s. supreme court held a closed-door meeting to decide whether to hear a series of appeals. but they didn't say if they will take action on the divisive issue. some took this as a sign that nine justices need more time. we expect an announcement by monday morning. >>> and we continue to keep an eye on former president george h.w. bush this morning who is in stable condition at houston's methodist hospital. he was admitted eight days ago and is being treated for bronchitis. his office says the former president is expected to b
john boehner called the plan bait and switch and minority leader much mcconnell made him burst into laughter. >> across the globe today is world aids day, the white house marking the event by displaying a red ribbon on the north portico, a life picture of the white house, an international show of support and awareness, in a proclamation president obama says in part that the united states is committed to preventing the disease is quote, spending and ending this pandemic once and for all....
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Dec 5, 2012
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. >> john boehner made a point at expressing dismay the president hasn't responded two days after the republicans sent him a fiscal cliff counteroffer. >> if the president doesn't agree with our proposal and our outline, i think he's got an obligation to send one to the congress. and a plan that can pass both chambers of congress. >> by trying to keep gop frustration on the president, boehner appears to be keeping conservative lawmakers off his own back for now. >> what's mood inside the conference. >> very united, very supportive with the speaker. >> multiple sources tell cnn in a private meeting with house republicans, boehner got no flow back for producing $800 billion in tax revenue, despite backlash from conservative groups outside congress. >> any complaints about this new revenue? >> i didn't hear anything. >> the speaker has full support of the conference to move forward and get something done for the american people. >> so far, rank and time republicans are allowing boehner to play out this showdown, trying to look reasonable while the president is intransigent. especially si
. >> john boehner made a point at expressing dismay the president hasn't responded two days after the republicans sent him a fiscal cliff counteroffer. >> if the president doesn't agree with our proposal and our outline, i think he's got an obligation to send one to the congress. and a plan that can pass both chambers of congress. >> by trying to keep gop frustration on the president, boehner appears to be keeping conservative lawmakers off his own back for now. >>...
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these negotiations are between two men, house speaker john boehner and the president. and once those two men agree, then they will take it to their folks. >> all right. kate balduan, live in washington. thank you. >> thanks, guys. >>> all right, recreational pot is now legal in washington state under a new law which took effect at midnight. adults can possess up to an ounce of marijuana legally. it's still against the law to grow pot or to sell it. but those celebrating the new normal are accentuating the positive. >> it's amazing. i'm not a criminal anymore. i can't go to jail for small amounts of marijuana, you know? it's -- i'm free to be free. >> the new law doesn't allow smoking in public places, just like alcohol, but police in seattle and across the state made an exception for overnight celebrations to ring in this new law. >>> so it's another public relations problem for penn state. the school's kai omega sorority is under investigation for stereotype i stereotyping latinos. pictures showed the sorority members in somberos with fake mustaches with signs that sa
these negotiations are between two men, house speaker john boehner and the president. and once those two men agree, then they will take it to their folks. >> all right. kate balduan, live in washington. thank you. >> thanks, guys. >>> all right, recreational pot is now legal in washington state under a new law which took effect at midnight. adults can possess up to an ounce of marijuana legally. it's still against the law to grow pot or to sell it. but those celebrating the...
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will you call john boehner tomorrow morning and say mr. speaker, i think you should release that bill and allow republicans to show whether they are pledged to me or pledged to the united states. >> first of all, let's be serious. you know better than that. the pledge that congressmen and senators, governors, state legislators, take is to the american people. i know harry reid plays games and says me but you shouldn't do that. you're better than that. >> grover, answer my question. don't play games right now. will you -- do you think that they should actually vote -- >> i'll answer -- >> -- do you -- >> i will answer your question. we just had to take off the question the nonsense attack that i expect from harry reid. i will call mr. boehner tomorrow shortly after i call harry reid and ask him to make sure that the senate rules will allow open debate and open amendment and that he won't play games as he's been doing for the last four years, and when harry agrees to that, i will call boehner and ask him to alter house rules. >> okay. >> i'l
will you call john boehner tomorrow morning and say mr. speaker, i think you should release that bill and allow republicans to show whether they are pledged to me or pledged to the united states. >> first of all, let's be serious. you know better than that. the pledge that congressmen and senators, governors, state legislators, take is to the american people. i know harry reid plays games and says me but you shouldn't do that. you're better than that. >> grover, answer my question....
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start with you, ari, this is a clip from john boehner. he was talking earlier today about these negotiations to avoid going over the fiscal cliff. >> so right now all eyes are on the white house. the country doesn't need a victory lap. it needs leadership. it's time for the president, congressional democrats to tell the american people what spending cuts they're really willing to make. >> so here's the question, ari. why go public with those kinds of concessions? don't you make those kinds of concessions in private negotiations as opposed to speaking publicly about them right now and giving away your own leverage, if you will? >> yes, you do. you have to make those in the private talks. not in the public maneuvering that's going on. but i also worry that it's not being said in the private talks. and that's why you're hearing speaker boehner say what he's saying. wolf, i'm getting a growing sense from the people that i talk to that there's a real exasperation where we are where we were in 2011 with nothing happening in these talks. that ca
start with you, ari, this is a clip from john boehner. he was talking earlier today about these negotiations to avoid going over the fiscal cliff. >> so right now all eyes are on the white house. the country doesn't need a victory lap. it needs leadership. it's time for the president, congressional democrats to tell the american people what spending cuts they're really willing to make. >> so here's the question, ari. why go public with those kinds of concessions? don't you make...
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even though president obama and john boehner chatted by phone, there's no deal. republicans are not amused. >> incredibly many top democrats including the president seem perfectly happy to go off the cliff. that's why the president has been more interested in campaign rallies than actually negotiating a deal. >> many americans don't have much hope the two sides will make a deal and have moved to plan b. a retired teacher in utah has put off plans to get a new car. brian chandler, a data manager in atlanta is delaying buying a house despite needing space for a second kid due any day now and several families are shrinking the gift pile beneath the christmas tree this year. how about you? are you prepared if the nation goes off the fiscal cliff? facebook.com/carolcnn. facebook.com/carolcnn. your responses later this hour. >>> it's going to take massive amount of money to help the northeast recover from sandy. some $36 billion in new jersey alone. and now it's governor chris christie pushing the federal government to pick up 100% of that cost. if you are one of the m
even though president obama and john boehner chatted by phone, there's no deal. republicans are not amused. >> incredibly many top democrats including the president seem perfectly happy to go off the cliff. that's why the president has been more interested in campaign rallies than actually negotiating a deal. >> many americans don't have much hope the two sides will make a deal and have moved to plan b. a retired teacher in utah has put off plans to get a new car. brian chandler, a...
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no doubt about it. >> one of the big problems it seems to me is the relationship between john boehner and barack obama. just seems deeply flawed. they're at a party and they couldn't be bothered to shake hands. this is not the kind of way that adults, politicians, behave, is it, in a civilized society. they should be able to shake hands, be friendly, then get behind closed doors, shout at each other and get a deal done. but these two, they don't seem to have any time for each other at all. that can't help the process. >> well, piers, i wouldn't read too much into the christmas party at the white house. as i think you know, there are long lines to get your pictures taken with the president. speaker boehner has had his picture with the president many times. the president has had his picture with speaker boehner. but look, the important thing as you say is to get everybody together. now, the president's plan is very clear. he spells out exactly how he's going to get the revenue and he's very detailed about the cuts. what we would like to see is a similarly detailed plan from speaker boeh
no doubt about it. >> one of the big problems it seems to me is the relationship between john boehner and barack obama. just seems deeply flawed. they're at a party and they couldn't be bothered to shake hands. this is not the kind of way that adults, politicians, behave, is it, in a civilized society. they should be able to shake hands, be friendly, then get behind closed doors, shout at each other and get a deal done. but these two, they don't seem to have any time for each other at...
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john boehner is already ready for $800 billion of ip creancre tax revenue. calculating deductions, eliminating loopholes. are you with the speaker of the house on that? >> unfortunately, the policies of the president obama have already taken us over the cliff. if you meet with businesses like i do all the time, they already pared back plans and hiring for next year, anticipating what's going to happen. we can fix this christmas eve, if we want, but we've already hurt the economy and hurt job growth. >> are you with boehner? >> i am not with boehner. this government doesn't need any more money. this country needs less government. we are going to have historic levels of revenue to the government this year, but we've doubled spepding in the last ten years. >> everyone's taxes are going to go up at the end of the year if there's no deal. >> we have already offered to extend current tax rates. that's what we should have done six months ago until we could come to some agreement, some compromise on tax reform. >> when you say compromise, where are you ready to comp
john boehner is already ready for $800 billion of ip creancre tax revenue. calculating deductions, eliminating loopholes. are you with the speaker of the house on that? >> unfortunately, the policies of the president obama have already taken us over the cliff. if you meet with businesses like i do all the time, they already pared back plans and hiring for next year, anticipating what's going to happen. we can fix this christmas eve, if we want, but we've already hurt the economy and hurt...
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world markets up, commodities up after comments made by president obama and house speaker john boehner, both expressing optimism on fiscal cliff negotiations in the washington. in a new report from the congressional budget office it says more than half a trillion has been spent on jobless benefits over the past five years. $520 billion in jobless benefits in five years. also part of the debate, whether to extend the deadline to file for additional unemployment benefits beyond the end of the year. spending on food stamps is rising. nearly 15 million households received food stampses in 2011, up 10% from the year before according to new data from the census bureau. it shows you the far reach of the government right now in the safety net in supporting american families. all of that at the core of the debate of what's happening with the fiscal cliff. >>> $7 coffee. starbucks thinks you will pay. coffee connoisseurs can pay $7 for a grande cup of costa rica fincapalamara. it's called mucho deneiro. cultivated from a central american bean known as geisha. it is extremely difficult to produce
world markets up, commodities up after comments made by president obama and house speaker john boehner, both expressing optimism on fiscal cliff negotiations in the washington. in a new report from the congressional budget office it says more than half a trillion has been spent on jobless benefits over the past five years. $520 billion in jobless benefits in five years. also part of the debate, whether to extend the deadline to file for additional unemployment benefits beyond the end of the...
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about to pay a call on house speaker john boehner. speaker boehner a key republican and after his meeting with geithner this morning, boehner said these urgent talks haven't moved forward in two weeks. keep in mind, they need to get it done by january 1st and here's boehner getting grumpy with cnn's kate baldwin. take a look. >> to this point, most -- most public statements have been optimistic, confident, hopeful. we're all sensing a very different tone from you right now. are you walking away from talks? have things completely broken down, mr. speaker? >> no, no, no. stop. i got to tell you. i'm disappointed in where we are and disappointed in what's happened over the last couple of weeks. but going over the fiscal cliff is serious business. and i'm here seriously trying to resolve it. and i would hope the white house would get serious, as well. >> all right. so once again, here are the cliff notes right here. republicans on the hill are demanding trillions of dollars worth of debt reduction. that's pretty much fine with democrats w
about to pay a call on house speaker john boehner. speaker boehner a key republican and after his meeting with geithner this morning, boehner said these urgent talks haven't moved forward in two weeks. keep in mind, they need to get it done by january 1st and here's boehner getting grumpy with cnn's kate baldwin. take a look. >> to this point, most -- most public statements have been optimistic, confident, hopeful. we're all sensing a very different tone from you right now. are you...
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more than 100 house members signed a letter they sent to john boehner saying take social security off the table. wolf? >> thanks very much. let's get to the strategy session. joining us, cnn contributor, republican strategist, alex cost tee and owes. also joining us, a clean shaven young man, obama campaign senior adviser david axelrod. >> newly shaven. >> we need to see some id. >> looks very handsome, don't you think? >> younger. >> younger, thinner. get to that in a moment. social security, should that be on the table now or not? >> i think republicans are saying look, let's put everything on the table. some support means testing, if you're above a certain income that maybe you don't need to take social security when we all think the program is going to be in serious trouble down the road. very few people supporting a growing base of people that are on social security. so to keep it strong, maybe it is something we should look at. >> right now? >> right now i think we have more urgent things to do. that's certainly something -- it is something to commit to address down the road. >>
more than 100 house members signed a letter they sent to john boehner saying take social security off the table. wolf? >> thanks very much. let's get to the strategy session. joining us, cnn contributor, republican strategist, alex cost tee and owes. also joining us, a clean shaven young man, obama campaign senior adviser david axelrod. >> newly shaven. >> we need to see some id. >> looks very handsome, don't you think? >> younger. >> younger, thinner. get to...
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house speaker john boehner's counteroffer, if you take a look at the headlines from this $800 billion in what would be savings from tax reform. so that is new tax revenue. but not done by increasing income tax rate on the wealthiest. but instead by closing tax loopholes, eliminating tax credits. and also $600 billion in health savings. that's what you'd get from entitlement reform. from reforming medicare, and doing some cuts there under this plan. but compare it to the white house plan, very different than what's on the table there. $1.6 trillion in new taxes. that is two times the amount in the boehner plan, and also, of course, includes increasing those income tax rates for the wealthy. $400 billion to medicare and other entitlements, that's $ 00 billion less than in the speaker's counteroffer and this would force congress to give up its debt limit vote which is a nonstarter for house republicans. the white house saying that boehner counteroffer is nothing new, that it lacks specifics. but i will tell you, zoraida, that one house democratic aid telling cnn that it passed the laugh
house speaker john boehner's counteroffer, if you take a look at the headlines from this $800 billion in what would be savings from tax reform. so that is new tax revenue. but not done by increasing income tax rate on the wealthiest. but instead by closing tax loopholes, eliminating tax credits. and also $600 billion in health savings. that's what you'd get from entitlement reform. from reforming medicare, and doing some cuts there under this plan. but compare it to the white house plan, very...
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. >> house speaker john boehner said friday the white house proposal which begins basically with having $1.6 trillion tax increase among other things was essentially a nonstarter. take a listen. >> there's a stalemate. let's not kid ourselves. i'm not trying to make this more difficult. you've watched me over the last three weeks. i have been guarded in what i have to say because i don't want to make it harder for me or the president or members of both parties to be able to find common ground. >> all right, so common ground. the white house is focused on having high earners, the rich, pay higher taxes and get fewing deductions. if that happens, the middle class comes out ahead. so why is there so much push-back by the republicans? >> the proposal the white house came up with is one that they know the republicans aren't going to sign on the dotted line and go along with it. what the president is trying to do is pull the debate more his way. he's learned from the past if you start negotiating with your final position, you don't get a very good deal here. so neither side is really offering
. >> house speaker john boehner said friday the white house proposal which begins basically with having $1.6 trillion tax increase among other things was essentially a nonstarter. take a listen. >> there's a stalemate. let's not kid ourselves. i'm not trying to make this more difficult. you've watched me over the last three weeks. i have been guarded in what i have to say because i don't want to make it harder for me or the president or members of both parties to be able to find...
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. >> john boehner, speaker of the house, he came up with a proposal. but not all the conservatives in the house and the senate are on board. jim demint, republican senator from south carolina. >> this is a time to negotiate with ourselves. we need to invite the president to work with us. his proposal was so outlandish, i don't think we should go back to the table until he puts something there that we can work with. the president has known about this fiscal cliff for over a year. and many of his decisions caused us to be in this position. >> how much of a problem does boehner have with other republicans potentially? >> it's a big problem. it's always been his problem. it's been a problem for the republican party since they started taking that no tax pledge 30 years ago. what is revenue increase? is closing deductions and loopholes a revenue increase? and if so, do you have to oppose that? i think what we see going on in the republican party right now is a fight between the stalwart, no new tax whatever conservatives and those who believe that they have
. >> john boehner, speaker of the house, he came up with a proposal. but not all the conservatives in the house and the senate are on board. jim demint, republican senator from south carolina. >> this is a time to negotiate with ourselves. we need to invite the president to work with us. his proposal was so outlandish, i don't think we should go back to the table until he puts something there that we can work with. the president has known about this fiscal cliff for over a year. and...
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house speaker john boehner called white house efforts to make a deal preposterous. the republican counter we're hearing about which extends the bush tax cuts for everybody including the wealthiest americans won't get washington any closer to a deal. washington's reckless behavior is already having serious economic consequences. i'm going to show you how and make sure you understand the truth about that raising taxes would mean for the economy, but first, set aside the doom and gloom of the fiscal cliff for a moment, let's look at today's money menu. check out auto sales up big in november. sales of gm cars were up 3.4%. ford saw a 6.5% jump in sales and chrysler shot up 14%. u.s. autos are on track to see their best sales month nationwide since february of 2008 as the big three continues to put the auto bailout in the rear view mirror. ford never took the bailout money from the government. what's sibehind the surge in au sales, no short cuts. the jobs outlook is looking better. access to finance is improving if you want to buy a car. you combine that with the increa
house speaker john boehner called white house efforts to make a deal preposterous. the republican counter we're hearing about which extends the bush tax cuts for everybody including the wealthiest americans won't get washington any closer to a deal. washington's reckless behavior is already having serious economic consequences. i'm going to show you how and make sure you understand the truth about that raising taxes would mean for the economy, but first, set aside the doom and gloom of the...
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the house speaker john boehner calls it a credible plan that deserves serious consideration by the white house. guess what? the white house released a statement tonight saying the plan is nothing new, that it lowers rates for the wealthy and sticks the middle class with the bill. so to borrow a phrase, we're nowhere. period. david walker is president and ceo of comeback america initiative. he's made it his mission to promote fiscal responsibility. he joins us along with cnn political analyst, david gergen. david walker, let me start with you. the house republicans put forward their counter proposal. speaker boehner says it's credible and the white house should consider it. is it credible or is it more of what you have called the irresponsible unethical immoral behavior of all the politicians here in washington? >> i think both sides are now putting things on the table but i think they're confused. what we have to do in the short term is avoid the fiscal cliff. the major decisions with regard to tax reform, social insurance programs, et cetera, can't and shouldn't be made until next year,
the house speaker john boehner calls it a credible plan that deserves serious consideration by the white house. guess what? the white house released a statement tonight saying the plan is nothing new, that it lowers rates for the wealthy and sticks the middle class with the bill. so to borrow a phrase, we're nowhere. period. david walker is president and ceo of comeback america initiative. he's made it his mission to promote fiscal responsibility. he joins us along with cnn political analyst,...
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house speaker john boehner announced the committee chairman of 19 committees earlier this week. all but one are white men, actually. although just yesterday, as i said, he did appoint this woman representative of michigan as chair of the administration committee in the incoming house, there will be only 20 republican women, that's compared with 58 democrats. the same story in the senate. four republican women, 16 democrats. so maria, how do you fix that? >> well, and this goes to the problem that the gop has, which is an issue of credibility. and john mccain is right. that the gop absolutely has to change the way that they reach out to the changing demographics of this country. latinos, african-americans, women. but it's going to take a lot more than just talking about a new agenda. and it will have to be a new agenda. they actually have to reflect what this country looks like. so when you have john boehner basically leading the house of representatives with virtually all white men in leadership positions, and as i understand it, the position that candice miller now has is prett
house speaker john boehner announced the committee chairman of 19 committees earlier this week. all but one are white men, actually. although just yesterday, as i said, he did appoint this woman representative of michigan as chair of the administration committee in the incoming house, there will be only 20 republican women, that's compared with 58 democrats. the same story in the senate. four republican women, 16 democrats. so maria, how do you fix that? >> well, and this goes to the...
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house speaker john boehner expected to meet with reporters in an hour. the event comes with just 25 days until that fiscal cliff deadline. both sides of the aisle resumed talks thursday. first time that's happened all week. and comes and comes one day after president obama and speaker boehner talk bid telephone. >>> in japan a tsunami warning has been lifted. a 7.3 magnitude quake struck at sea 300 miles from tokyo. a small tsunami was triggered while a building shook in the capital city. happened almost in the same area along the northeastern coast devastated by a earthquake two years guy. >>> attorneys for george zimmerman are suing nbc universal for characterization of him in reporting on the trayvon martin shooting death. lawsuit claims nbc edited 911 recordings to make it appear that zimmerman was racist. nbc says it disputes the accusations and plans to defend itself in court. >>> on every flight, you have to power down your gadgets before takeoff and landing. but -- could that be changing? you might be surprised who is leading the charge. [ nyquil
house speaker john boehner expected to meet with reporters in an hour. the event comes with just 25 days until that fiscal cliff deadline. both sides of the aisle resumed talks thursday. first time that's happened all week. and comes and comes one day after president obama and speaker boehner talk bid telephone. >>> in japan a tsunami warning has been lifted. a 7.3 magnitude quake struck at sea 300 miles from tokyo. a small tsunami was triggered while a building shook in the capital...
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but republican house speaker john boehner dismisses it as, and i'm quoting, la la land. the republicans offered their proposal, that happened about 24 hours ago. the white house quickly labels it as nothing new. business as usual, right? so how do we move beyond this stalemate in washington? we heard from the president, just a short time ago. our chief white house correspondent jessica yellin joins me now, jessica, the president spoke out, sat down in an interview with bloomberg tv, and in listening to the interview, did you hear any clues toward a possible compromise here? >> reporter: not new clues, brooke. the president laid down the marker that we heard from the white house consistently, which is they aren't moving until they hear the republicans agree to raise tax rates on the wealthiest. listen to what the president had to say. >> i think that, you know, we have the potential of getting a deal done, but it is going to require what i talked about during the campaign, which is a balanced responsible approach to deficit reduction that can help give businesses certaint
but republican house speaker john boehner dismisses it as, and i'm quoting, la la land. the republicans offered their proposal, that happened about 24 hours ago. the white house quickly labels it as nothing new. business as usual, right? so how do we move beyond this stalemate in washington? we heard from the president, just a short time ago. our chief white house correspondent jessica yellin joins me now, jessica, the president spoke out, sat down in an interview with bloomberg tv, and in...